page contents
Wednesday , 20 August 2014

Category Archives: Greater Toronto Scene

Feed Subscription<

Special coverage of the GTA Condominium and lifestyle scene.

Cement industry not impressed by wood proponents’ claims

wood-construction-Ontario-Toronto-densification-urbanization-residential-mixed-use-Condo.ca

The Cement Association of Canada (CAC) has taken another shot at the wood industry in Ontario, claiming that the Ontario government’s proposed building code amendments to allow the construction of mid-rise buildings made of wood will result in unsafe buildings. Taller wood buildings are not the answer to affordable housing, the CAC states in a release, and they are “simply not worth the risk.” Wood, the CAC reminds the government, is a combustible material. Ontario’s Ministry of Municipal Affairs and Housing has been considering amending the building code to allow wood as a primary construction material in buildings up to six storeys tall. Wood is currently limited to buildings of ... Read More »

Except for gridlock, Toronto is most liveable city in the world

gridlock-traffic-congestion-infrastructure-Economist-Intelligence-Unit-liveability-Toronto-Condo.ca

How ironic that the prestigious Economist magazine should reveal its list of the world’s 140 most and least liveable cities just as the American Public Works Association wraps up its annual convention in Toronto. It’s ironic because the one factor that kept Toronto out of the top spot on the list was infrastructure. As it is, Toronto came fourth this year, after Melbourne, Australia, Vienna, Austria and Vancouver. The difference in score between Melbourne and Toronto is just 0.3 points—they got 97.5, we got 97.2—so there’s really no difference that any ordinary mortal could detect. Toronto’s scores for stability, healthcare and education were all 100. For culture and environment the ... Read More »

Today’s parks symbols of urban vitality, prosperity

Sherbourne-Common-Toronto-beach-lake-Ontario-Condo.ca

A certain well-known Toronto realtor’s opinions aside, there are actually quite a few new parks being built in the city, funded in part by the development charges builders are required to pay. In fact, this summer alone, the city has opened the spectacular new West Don Lands park called Corktown Common, a new park for the Regent Park community, a new bike park at Sunnyside, and a new public park in front of the Don Jail at Broadview and Gerrard (coming soon). Developers in Toronto are required to provide park space, or cash in lieu, as a condition of development, as specified in the Municipal Code. It is because of ... Read More »

Building industry a major driver of GTA economy

BILD-construction-renovation-GTA-Toronto-development-charges-Section 37-provincial-growth-plan-affordable-housing-Condo.ca

The Building Industry and Land Development Association (BILD) has released a series of fact sheets outlining the economics of the building and renovating industries in the GTA. BILD’s reason for releasing the material is educational, said president and CEO Bryan Tuckey. “From building homes and businesses that people can afford, to creating thousands of jobs in construction and related fields, these booklets will help educate people on the economic impact of our industry.” We learn that the home building industry was worth $22.6 billion to the GTA economy in 2013, with 34,719 new homes built, supporting 207,400 jobs with $9.7 billion paid in wages. Professional renovation contributed a further $13 ... Read More »

Toronto among world’s wealthiest cities

monaco-wealth-millionaire-Geneva-Zurich-Toronto-Condo.ca

So Toronto has made it onto another one of those top twenty this or that lists, this one ranking the top twenty cities in the world by the number of millionaires who live there. Toronto ranks fifteenth out of twenty, which puts it ahead of Venice, Brussels, Houston, San Francisco and Paris. (Surprisingly, Dublin has more millionaires than Toronto.) Toronto is the only Canadian city on the list. The list was compiled by Spear’s magazine with Wealthinsight consultants. Most of the cities on the list are in the same general range: Paris at number twenty has 2.04 per cent millionaires, while New York, at number four, has a little more ... Read More »

Scroll To Top